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Our Impact

Financial Beginnings contacts graduating high school seniors and college students at least six months after participating in our Financial Foundations program to determine what actions they have taken or behaviors they have changed. 

Of 2015-2016 fiscal year participants: 

  • 72% of students have pulled their credit report and/or score.
  • 51% of students report an increase in their credit score.
  • 81% of students have done or not done something based on how it would affect their credit, for example choosing not to open an additional credit card, or choosing to pay a bill on time, etc.
  • 67% of students have increased their savings/savings accounts; of those who increased their savings, 76% say the Financial Foundations curriculum was a significant or very significant factor in this decision.
  • 80% of students have taken proactive steps to reduce their overall commercial debt. 

Financial Beginnings also distributes retrospective surveys to students at the conclusion of each module of the Financial Foundations program. Recent results are below: 

Financial Foundation – Knowledge Based Outcomes

Before Financial Foundations

After Financial Foundations

Risk Management

I know why insurance is necessary.



I know how insurance premiums are determined.



I know what liability coverage is.



I know how to compare insurance and chose the right plan for me.




I know how to protect myself from identity theft.



I know how to choose a bank or credit union that benefits me.



I know how to avoid or decrease banking fees.




I know why establishing credit is important.



I know how to establish credit.



I know how to use credit responsibly.



I know how to access and read my credit report.




I know how investments can help me achieve my financial goals.



I know the concept of risk versus return.



I know my options for retirement savings.



Evaluation Procedures

Financial Beginnings’ Evaluation Committee, consisting of staff and volunteers, oversees all evaluation procedures. Financial Beginnings also contracts with Kelley Nonprofit Consulting to evaluate the success of its programs through the mechanisms below.  

To track outputs and quantifiable results, Financial Beginnings utilizes an internal web-based data management system. This tracks the number of participants, demographics of participants, and percentage participating in post program surveys.

To measure outcomes and impact, Financial Beginnings utilizes a retrospective survey taken at the conclusion of each program module. These surveys are keyed to the major lessons for each module and identify knowledge gained about accessing financial services and making informed financial decisions.

To measure longer-term behavioral outcomes of its Financial Foundations program, Financial Beginnings requests contact information from a statistically relevant number of high school seniors and college students each year. Students are then contacted at the 6 and 12-month post-program mark. Through surveys and, occasionally, interviews, data is gathered about financial behaviors.


A Word from Our Students

“I learned that I really need to start building my credit but my parents couldn’t sign for me because they don’t have very good credit. If you can develop credit early it is good because you look like you are responsible and show that you can pay bills on time, but only if you actually do.”

“The facts of credit merely appear to be a tangled heap of rope until it is picked up and tugged from the beginning. The coils that looked extremely complex were simplified with just a few moments of studying the way it works; learning about credit has the same concept. I learned that building my credit score is important not only for buying a house but for getting a job.”  

“I never thought that by investing at an early time you could have more money when you retire. I thought that it just mattered how much money you put in, but Financial Beginnings taught me that you can make interest on the money you invest even if it is a small amount, and that can make a big difference.”

A Word from Our Partners

"Miller Education Center works with a diverse population that includes many teens who are either living independently or who carry the burden of providing for their families at a very young age. Many of our students work part or full time jobs in addition to attending school in order to pay rent, feed or clothe themselves or their children, or to help their families pay bills. Often they enter our program without the financial skills necessary to meet their basic needs on their limited incomes. 

What Financial Beginnings has done as an organization is to provide students with the knowledge and tools that they will need to make better decisions when it comes to their finances. I cannot overemphasize the importance of this skill set. Understanding the function of money, how to save and invest, and being able to navigate the world of insurance provides my students with an advantage that they would not have had otherwise. Of the knowledge we seek to impart in schools today, financial literacy is often given a backseat to other disciplines; however, I would argue that it is one of the most crucial areas that a student must master in order to improve their overall health and wellbeing and to provide a better life for themselves and their families."

- Karen Shea | Teacher | Miller Education Center 

A Word from Our Donors

"Now, more than ever, it is vital for individuals to take control of their personal finances. In order to do so, it is imperative that we provide educational resources, allowing people of all ages, the opportunity to make better financial decisions. Our support of organizations such as Financial Beginnings is one way to ensure resource availability, enabling everyone the opportunity to reach their financial goals." 

- Brian Stewart | Vice President | JPMorgan Chase